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Short-Term Borrowings
6 Months Ended
Jun. 30, 2013
Debt Disclosure [Abstract]  
Short-Term Borrowings

NOTE 12 – SHORT-TERM BORROWINGS

The following table presents the distribution of Old National’s short-term borrowings and related weighted-average interest rates as of June 30, 2013:

 

     Federal Funds     Repurchase        

(dollars in thousands)

   Purchased     Agreements     Total  

2013

      

Outstanding at June 30, 2013

   $ 105,190      $ 425,191      $ 530,381   

Average amount outstanding

     288,247        332,990        621,237   

Maximum amount outstanding at any month-end

     466,861        425,191     

Weighted average interest rate:

      

During six months ended June 30, 2013

     0.23     0.09     0.16

At June 30, 2013

     0.21        0.28        0.27